Consolidated statement of income

In € millions

 

2004

 

20051

 

2006

 

2007

 

20082

 

2009

 

2010

 

20115

 

20126

 

2013

1

The 2004–2005 figures have not been restated for the Organon BioSciences divestment.

2

Continuing operations from ICI are included as from 2008. The 2008 figures have not been restated for the National Starch divestment.

3

Not meaningful as operating income and net income were losses.

4

Until 2009: operating income divided by net financing expenses, as from 2010: operating income divided by net interest on net debt.

5

Restated to present Decorative Paints North America as a discontinued operation.

6

Restated for the revised IAS19.

Revenue

 

12,833

 

13,000

 

10,023

 

10,217

 

15,415

 

13,028

 

14,640

 

14,604

 

15,390

 

14,590

Operating income

 

1,588

 

1,492

 

887

 

778

 

(577)

 

855

 

1,219

 

1,145

 

(1,198)

 

958

Financing income and expenses

 

(205)

 

(162)

 

(134)

 

(151)

 

(232)

 

(405)

 

(327)

 

(336)

 

(205)

 

(200)

Income tax

 

(412)

 

(338)

 

(96)

 

(166)

 

(260)

 

(141)

 

(170)

 

(233)

 

(203)

 

(111)

Results from associates and joint ventures

 

10

 

6

 

87

 

(20)

 

25

 

21

 

25

 

24

 

13

 

14

Profit for the period from continuing operations

 

981

 

998

 

744

 

441

 

(1,044)

 

330

 

747

 

600

 

(1,593)

 

661

Minority interests attributable to minority shareholders

 

(36)

 

(37)

 

(29)

 

(31)

 

(65)

 

(77)

 

(83)

 

(64)

 

(63)

 

(68)

Discontinued operations

 

 

 

438

 

9

 

23

 

32

 

90

 

(59)

 

(436)

 

131

Net income, attributable to shareholders

 

945

 

961

 

1,153

 

419

 

(1,086)

 

285

 

754

 

477

 

(2,092)

 

724

Common shares, in millions at year-end

 

285.8

 

285.8

 

287.0

 

262.3

 

231.7

 

232.3

 

233.5

 

234.7

 

239.0

 

242.6

Dividend

 

343

 

343

 

344

 

472

 

417

 

325

 

320

 

304

 

214

 

210

Number of employees at year-end

 

61,400

 

61,300

 

42,700

 

42,600

 

60,000

 

54,700

 

55,600

 

52,020

 

50,610

 

49,560

Average number of employees

 

63,600

 

61,400

 

61,900

 

42,600

 

61,300

 

56,300

 

55,100

 

51,100

 

52,200

 

50,200

Employee benefits

 

3,216

 

3,221

 

2,158

 

2,215

 

3,022

 

2,955

 

2,980

 

2,765

 

3,018

 

2,950

Average revenue per employee

 

202

 

212

 

162

 

240

 

251

 

231

 

266

 

286

 

295

 

291

Average operating income per employee (in €1,000)

 

25

 

24

 

14

 

18

 

(9)

 

15

 

22

 

22

 

(224)

 

19

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ROS%

 

12.4

 

11.5

 

8.8

 

7.6

 

3

 

6.6

 

8.3

 

7.8

 

3

 

6.6

ROI%

 

20.8

 

19.4

 

16.3

 

14.6

 

3

 

7.3

 

9.6

 

9.1

 

3

 

9.6

Net income in % of shareholders’ equity

 

40.6

 

32.0

 

30.5

 

122.9

 

3

 

3.7

 

8.4

 

5.2

 

3

 

12.9

Employee benefits in % of revenue

 

25.1

 

24.8

 

21.5

 

21.7

 

19.6

 

22.7

 

20.4

 

18.9

 

19.6

 

20.2

Interest coverage4

 

7.7

 

9.2

 

6.6

 

5.2

 

3

 

2.1

 

6.4

 

4.7

 

3

 

5.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share information (in €)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

3.31

 

3.36

 

4.02

 

33.82

 

(4.38)

 

1.23

 

3.23

 

2.04

 

(8.82)

 

3.00

Adjusted earnings per share

 

 

 

 

 

 

 

 

 

 

 

2.06

 

3.71

 

3.10

 

2.55

 

2.62

Shareholders’ equity

 

9.12

 

11.95

 

14.44

 

42.06

 

32.21

 

33.47

 

38.48

 

39.25

 

24.12

 

23.06

Highest share price during the year

 

33.79

 

40.18

 

49.41

 

65.56

 

57.11

 

46.52

 

47.70

 

53.74

 

49.98

 

56.49

Lowest share price during the year

 

24.87

 

30.82

 

38.30

 

44.41

 

22.85

 

26.01

 

37.18

 

29.25

 

34.85

 

42.47

Year-end share price

 

31.38

 

39.15

 

46.18

 

54.79

 

29.44

 

46.40

 

46.49

 

37.36

 

49.75

 

56.34